Legal Affairs
Verano Reports Q4 and FY 2025 Financial Results
CHICAGO – Verano Holdings Corp. released its financial results for the fourth quarter and full year ended December 31, 2025, showing sequential revenue growth and improved gross margins in the final three months but a ...
Cannabinoids and Fatty Liver Disease: Emerging Research Highlights a Growing Health Challenge for Seniors
LOS ANGELES- A growing body of scientific research is examining how compounds derived from Cannabis may interact with metabolic diseases that affect hundreds of millions of people worldwide. Among the most widespread of these conditions is ...
Hawaii Moves Forward on Psychedelic Therapy Research Framework
HONOLULU – The Hawaii Senate approved legislation that would set up a state task force to examine ways to bring breakthrough mental health treatments, like psilocybin- and MDMA-assisted therapies, into clinical and policy discussions. Senate ...
ANNOUNCING: New Podcast Show ‘Spiritual Plants with Craig Rose’ Brings Culture, Plant Medicine, Market Reality Into One Conversation
Produced by Highly Capitalized Network and sponsored by Spiritual Plants, the new series is hosted by Craig Rose, Co-Founder and Chief Spiritual Creative of Spiritual Plants LOS ANGELES — February 10, 2026 — Highly Capitalized ...
Organigram Reports Q1 Fiscal 2026 Financial Results
TORONTO – Organigram Global Inc. delivered a notable performance in its first quarter of fiscal 2026, posting substantial revenue increases and a return to profitability as the Canadian Cannabis producer continues to integrate recent acquisitions ...
Curaleaf Locks In $500M Refinancing for Maturing Notes
STAMFORD – Curaleaf Holdings, Inc. announced that it has obtained commitments for a $500 million private placement of senior secured notes with an interest rate of 11.5%, maturing on February 1, 2029. The company plans ...
Ohio AG Sues Nine Cannabis MSOs for Anti-Competitive Conduct
COLUMBUS - Ohio Attorney General Dave Yost has filed an antitrust lawsuit against nine major multistate Cannabis operators, accusing them of coordinated anti-competitive practices that limit product variety and sustain higher prices in the state's ...
Verano Reports Q4 and FY 2025 Financial Results
CHICAGO – Verano Holdings Corp. released its financial results for the fourth quarter and full year ended December 31, 2025, showing sequential revenue growth and improved gross margins in the final three months but a ...
Cannabinoids and Fatty Liver Disease: Emerging Research Highlights a Growing Health Challenge for Seniors
LOS ANGELES- A growing body of scientific research is examining how compounds derived from Cannabis may interact with metabolic diseases that affect hundreds of millions of people worldwide. Among the most widespread of these conditions is ...
Hawaii Moves Forward on Psychedelic Therapy Research Framework
HONOLULU – The Hawaii Senate approved legislation that would set up a state task force to examine ways to bring breakthrough mental health treatments, like psilocybin- and MDMA-assisted therapies, into clinical and policy discussions. Senate ...
Week In Review: High Tide Repots Breakeven; TerrAscend say They’ve Got $26M in Tax Refunds; Cresco Still Expanding; Chicago Atlantic’s Balance Sheet Gets Better
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below, along with a helping of innovations and financial insights from ...
Virginia Advances in THC Detection
LOS ANGELES- The Virginia Department of Forensic Science (VDFS) has made significant progress in the development of reliable methods for detecting THC and other cannabinoids in blood samples, marking a pivotal advancement in forensic science ...
Psyence Group Announces Strategic Business Moves
NEW YORK- In a series of strategic decisions aimed at refining its business focus and capitalizing on emerging opportunities within the psychedelic and palliative care industries, Psyence Group Inc has announced a comprehensive update on ...
Call for Enhanced Research and Surveillance on Ketamine Treatments
LOS ANGELES A recent publication in the Journal of American Medical Association (JAMA) Psychiatry has underscored the urgent need for increased research and surveillance in the realm of ketamine treatments. Authored by Dr. Samuel T. ...
North Carolina Welcomes Its First Adult-Use Cannabis Dispensary on Tribal Land
NEW YORK- In a groundbreaking move for North Carolina's cannabis industry, the Eastern Band of Cherokee Indians is poised to unveil the state's inaugural adult-use cannabis dispensary. Slated for an April 20th opening, this development ...
NYC Councilwoman Accuses Landlord of Aiding Illegal Cannabis Shop
NEW YORK- In a conflict highlighting the challenges of regulating the burgeoning cannabis market in New York City, Gale Brewer, an Upper West Side Councilwoman, has accused a local landlord of facilitating the operation of ...
MariMed Reports Fourth Quarter and Full Year 2023 Earnings
NEW YORK- MariMed Inc., based in Massachusetts and operating across several states, reported its financial outcomes for the fourth quarter and the full year of 2023, revealing both achievements and challenges within a competitive cannabis ...
Florida Senate Approves Stringent Hemp Regulation Bill
LOS ANGELES- In a decisive move that could reshape the landscape of the hemp industry in Florida, the state legislature has passed a bill aimed at regulating hemp-derived products, including the prohibition of certain natural ...
MedMen’s Turbulent Journey
LOS ANGELES- MedMen Enterprises, once hailed as a titan in the cannabis industry, faces a starkly uncertain future as it shuts down the majority of its dispensaries in California, its home state. The closures, which ...
Ohio Moves to Drastically Reduce Medical Cannabis Registration Fee to One Cent
LOS ANGELES- In a significant step toward making medical cannabis more accessible to patients, Ohio has announced plans to reduce the registration fee for medical cannabis patients to a nominal one cent. This move, aimed ...
U.K.’s Medical Cannabis Use Rises Amid ADHD Medication Shortage
NEW YORK- The United Kingdom is witnessing a notable shift towards medical cannabis as an alternative treatment for Attention-Deficit/Hyperactivity Disorder (ADHD) amid a severe shortage of stimulant-based medications. The scarcity of these essential drugs has ...
Florida’s Cannabis Legislation: A Delicate Balance Between Reform and Regulation
LOS ANGELES- In Florida, a state on the cusp of major cannabis reform, recent legislative endeavors have sparked a complex dialogue about the future of cannabis regulation. Proposals for stringent THC potency caps, even before ...
Thailand’s Shift: From Decriminalization to Recreational Cannabis Ban
LOS ANGELES- Thailand's journey with cannabis policy has taken a significant turn as the nation's health minister, Cholnan Srikaew, announced plans to reinstate a ban on recreational cannabis use by the end of the year. ...
Obituary: Troy Datcher: CEO The Parent Company
LOS ANGELES- Troy Datcher, board chair of Gold Flora Corp. and a prominent Black leader in the cannabis industry, died Feb. 26 after a brief hospitalization. He was 55. Originally from Alabama, Datcher is mourned ...
Limits on the Installment Method of Accounting For Gain
By Rachel Wright, Simon Menkes, & Abraham Finberg- CPAs licensed in California of AB FinWright LLP & 420CPA, and Andrew Gradman, Esq of Andrew Gradman Tax This is Part II of II of our series ...
Verano Holdings Financial Highs and Lows in 2023
LOS ANGELES- Verano Holdings, a player in the cannabis industry, showcased a mixed financial performance for the year ending December 31, 2023. The company reported a significant revenue uptick, reaching $938 million, marking a 7% ...
Q4 Earnings Report: Trulieve Claims Company Secured $113 Million in Tax Refunds
LOS ANGELES- In a move that has got the attention of the U.S. cannabis industry, Trulieve Cannabis Corp., a leading multi-state operator, announced it has successfully reclaimed $113 million in tax refunds, challenging its dues ...
IRS Penalty Abatement – How Does It Work?
It is never fun to receive a letter from IRS, especially one that says you are being assessed penalties due to filing late, paying your taxes late, or understating income on your tax return! In ...
Revive Therapeutics Advances Clinical Research with Completion of Funding Round
LOS ANGELES- Revive Therapeutics Ltd. has successfully concluded the final tranche of its previously announced private placement, marking a significant milestone in the company's fundraising efforts. This move, detailed in press releases dated January 24, ...
Utah Lawmakers Push for Protections for Medical Cannabis Patients
LOS ANGELES- In a significant legislative push, two key Utah state lawmakers are spearheading a bill aimed at safeguarding the rights of medical marijuana patients against discrimination by local governments. This initiative follows the 2018 ...
Barcelona to Host Landmark International Cannabis Business Conference in Partnership with Spannabis
LOS ANGELES- Barcelona, renowned for its vibrant cannabis culture and history, is set to host the next edition of the International Cannabis Business Conference (ICBC) on March 14, 2024. This event marks a significant partnership ...
Ukraine Embraces Medical Cannabis: A New Frontier in Healthcare
NEW YORK- On February 15th, Ukrainian President Volodymyr Zelenskiy inked his signature on a bill that legalized the medical use of cannabis, as revealed by a parliamentary database on Thursday. This pivotal move followed advocacy ...
First Citizens Bank Makes Historic Leap into Cannabis Banking Landscape
NEW YORK- In a surprising move that has sent shockwaves through the financial sector, First Citizens Bank, the 19th largest bank in the nation boasting over $200 billion in assets, has announced its bold foray ...
Strategic Merger Unites Chicago Atlantic and Silver Spike, Reshaping Cannabis Financing Landscape
In a notable development within the cannabis financing sector, Chicago Atlantic and Silver Spike, two prominent lenders, have announced their merger. This strategic move is poised to create a significant shift in the landscape of ...
Green Thumb Industries Reports Fourth Quarter and Full Year 2023 Results
CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today ...
